LM_XL502
St. Joseph, MO              Wed, February 12, 2020         USDA Market News

USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT
Based on 5-Day Rolling weighted average FOB plant prices collected under
Mandatory Price Reporting and industry yields.  Values reflect U.S.
dollars per 100 pounds.

      CUTS                         FOB PRICE    CHANGE   %CARCASS     LBS
      FORESADDLE
204   RACK, 8-RIB MEDIUM              875.82     -18.89     5.68%     3.86
204C  RACK, ROAST-READY, FR         1,635.65     -25.59     3.24%     2.20
209   BREAST **                       291.47      -8.06     7.74%     5.26
207   SHOULDERS, SQ-CUT               327.90      -0.05    22.96%    15.61
210   FORESHANK                       438.83       1.37     3.24%     2.20
      NECK **                         217.97      -1.41     2.38%     1.62
      FAT and BONE                     10.00       0.00     3.44%     2.34
296   GROUND LAMB                     585.55       1.86     1.92%     1.31
      SHRINK                                                0.35%     0.24
      HINDSADDLE
232   LOINS, TRIMMED 4X4              537.82     -18.36     5.73%     3.90
232   LOINS, TRIMMED 1X1              597.28      39.90     3.55%     2.41
232E  FLANK, UNTRIMMED **             137.57     -10.06     2.86%     1.94
233A  LEG, TROTTER OFF                393.98       1.32    15.82%    10.76
234   LEG, BONELESS, TIED             563.21       0.05    11.38%     7.74
      FAT and BONE                     10.00       0.00     7.43%     5.05
296   GROUND LAMB                     585.55       1.86     1.93%     1.31
      SHRINK                                                0.35%     0.24
--------------------------------------------------------------------------------
      GROSS CARCASS VALUE:            426.00      -2.16   100.00%    68.00

FORESADDLE VALUE                      454.52      -4.89    50.95%    34.65
HINDSADDLE VALUE                      396.37       0.67    49.05%    33.35


Carcass value less process/packaging per cwt cost of   $59.00
      NET CARCASS VALUE               367.00      -2.16

* Fat and Bone an industry survey value for LM_XL502 calculation
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 68.00 lbs. for W/E      01/24/2020 , 1.00 lbs heavier than last week.
**Includes Fresh and Frozen Product


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Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

1530C